Coronary Stent Market Analysis, Size, Share and Forecast Report to 2025

01st November 2018 - Global Coronary Stent Market is segmented on the basis of type, mode of delivery, material, end user, and region. Stent is a tiny wire tube comprising mesh having props to unblock an artery and is left there permanently. When a coronary artery is tapered by a buildup of fatty deposits typically called as plaque, it can block the minimize the blood flow at times. If the blood flow is minimized and there is no supply to the heart muscle, chest pain can occur. With the forming of clot blockage occurs and if there is no blood flow to part of the heart muscle, resulting into a heart attack.

Stents ensure coronary arteries open and eliminate the chances of heart attack. When a stent is used, it’s collapsed and put over the balloon catheter. It’s then moved into the area of the blockage. When the balloon is exaggerated, the stent expands, locks in place and forms a scaffold. This holds the artery open to enable a free blood flow. This improves blood flow to the heart muscle and relieves symptoms.

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The Coronary Stent Market is driven by growing geriatric population and sedentary lifestyle. Development of innovative and improved bioengineered absorbable products is also a key factor triggering industry growth. The Coronary Stent Market is classified, by type into Bare-metal Stents, Drug-eluting Stents (DES), and Bioabsorbable Stents. DES consisting biodegradable and non-biodegradable. DES headed the product segment. One of the benefits offered by DES is the ability to release antiproliferative drug that avoids neointimal proliferation, eventually reducing the incidence of stent restenosis. Moreover, the noninvasive procedure offered by DES is gaining popularity.

Conversely, BVS is expected to grow exponentially over the forecast period. The U.S. FDA approved first absorbable stent Absorb GT1 BVS for arterial disorder. This is manufactured with biodegradable polymer poly(L-lactide). BVS has added advantages of restoring vasomotor function, intensifying future treatment options, and helping avoid future complications with permanent devices. Some stents are coated with medicine that is slowly and continuously released into the artery. These stents are called drug-eluting stents. The medicine helps prevent the artery from becoming blocked again. Coronary Stent Market is classified, by mode of delivery into Balloon-expandable Stents, Self-expanding Stents.

The major manufacturers covered in this report
• Abbott Laboratories
• Medtronic
• Boston Scientific
• Biosensors
• Terumo Corporati
• Lepu Medicalon
• MicroPort
• B. Braun
• Atrium Medical
• SINOMED
• Essen Technology

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• DES
• BMS
• Bioresorbable Stent

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• ASCs
• Hospitals
• Cardiology Center

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The Coronary Stent Market is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. North America held largest market share of the coronary stent market and is expected to remain dominant over the forecast period. This is due to increasing occurrence of coronary arterial diseases, hypertension, and blockage of vessels is driving the growth of this market. Asia Pacific is predicted to be fastest growing region in the world in this vertical. Ease of doing business in this region, huge population, economic developments, and faster adoption rate of latest technologies governed the growth of this region.